Inflation is among the most powerful forces in financial markets, but too much or too little can send the economy spiraling. Here's how it works, and how the Fed works to regulate it. Photo composite: Dom Amatore for The Wall Street JournalFederal Reserve officials are on track to leave interest rates unchanged at their two-day meeting ending Wednesday and could indicate they are comfortable holding them steady for a while. The central bank in January signaled a pause in rate increases, and officials are ready to announce more details of how they will end the runoff of their $4 trillion asset portfolio later this year. The Fed has taken some action to withdraw stimulus from the economy every quarter since late 2016, and that streak will end this week.
Source: Wall Street Journal March 20, 2019 09:30 UTC